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Calancombe, Modbury, Ivybridge, Devon - Image 1
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Calancombe, Modbury, Ivybridge, Devon

South West

£2,600,000
Listed on 31/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
4272 sqft

Description

Calancombe Farm and Vineyard presents an exceptional opportunity for those seeking a unique investment in rural living combined with business potential. This expansive period farmhouse, covering approximately 4,000 sq ft, has already undergone tasteful restoration, yet offers further renovation possibilities to enhance its charm and functionality. The property showcases attractive stone and white rendered elevations with stunning views over expansive gardens and natural ponds. Inside, the spacious kitchen and breakfast area can be modernized further to suit contemporary tastes. Additionally, the existing bi-fold doors providing access to the terrace could be expanded for greater outdoor integration. The ground floor features four versatile reception rooms, which could be reconfigured for varied uses or additional accommodations. The five en-suite bedrooms upstairs provide ample space for guests or family members but could benefit from cosmetic updates to maximize comfort and appeal. At the back of the farmhouse lies a significant courtyard that includes a home gym and office space; these areas offer potential for conversion into additional living units (subject to necessary planning approvals). With two garages/outbuildings already present, there's room for creative development or expansion. The gardens are extensive and well-maintained with a wealth of outdoor amenities—these spaces could be turned into private event settings or enhanced for agro-tourism ventures alongside the established winery operations nearby. The existing vineyard encompasses 23 acres and is capable of generating income through various management options ranging from hands-on ownership to leasing arrangements. This property is ideally set between Dartmoor National Park and the South Devon coast, close to charming towns while enjoying a secluded environment—a perfect backdrop for either personal retreat or commercial venture.

Investment Analysis

(PL21 area)

Above Market Value

This property is priced +84.2% above area average per sq ft

+84.2%
This Property
£609/sq ft
Area Average
£330/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,552,616
10% above area average per sq ft
Potential ROI
-43.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
67%
Properties sold annually

Local Market Trend (PL21)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +0.1%
5 year growth: +15.7%
Investment Disclaimer: Analysis based on PL21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Calancombe, Modbury, Ivybridge, Devon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£9,377
Based on a loan of £1,950,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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